Cerebras is a US company that builds wafer-scale AI chips; each WSE-3T wafer carries 44GB of on-chip memory. Recent coverage described running the open-source ~3T-parameter Kimi K3 across multiple wafers with 4-bit quantization at 1,000–2,000+ tokens per second. Its stock, up 68% from its May IPO price at its debut close, has since fallen 52%, including a 20% drop after a disappointing Q2 report. CEO Andrew Feldman also discussed home AI assistants.
General Compute raises $100M Series AInference-focused neocloud General Compute raised a $100M Series A led by Blackbird Ventures and Abstract Ventures at an $800M post-money valuation. The startup has a $400M chip purchase deal with SambaNova and added Positron and Cerebras as suppliers. Its CEO said fears of a chip-led collapse are overstated.
Cerebras deploys 3T-parameter Kimi K3 on wafer-scale chipsCerebras explained how it splits the open-source ~3T-parameter Kimi K3 across multiple WSE-3T wafers (44GB on-chip memory each) using 4-bit quantization to reach 1,000–2,000+ tokens per second. Kimi K3 scores 88.3% on Terminal-Bench 2.1 vs GPT-5.6 Sol's 88.8%, and 91.2% on BrowseComp vs 90.4%.
AI chip IPO Cerebras down 52%, Wall Street still bullishCerebras closed its May debut at $311.07, 68% above its IPO price, but the stock has since fallen 52%. Its wafer-scale chips have drawn OpenAI inference work and an AWS pairing with Trainium; a disappointing Q2 report sent shares down 20%, yet the median analyst target is about double the current price.
Cerebras CEO predicts personal AI assistants in every homeCerebras CEO Andrew Feldman said at TechCrunch Disrupt 2026 that home AI assistants are not far off, running partly on-device and partly in the cloud, getting to know users and even making purchases for them.
TechCrunch Disrupt 2026 main stage lineup announcedTechCrunch unveiled the full Disrupt Stage lineup for its 2026 conference, running Oct 13-15 in San Francisco. Speakers include the CEOs of Cerebras and Rivian and all five Benchmark partners, covering AI scaling, robotics and biotech.
OpenAI prepares $500 ChatGPT Pro Max subscription with faster CodexAn unannounced ChatGPT Pro Max tier has appeared in OpenAI's subscription interface at $500 per month (about $600 with tax), marketed for 'Fastest Work and Codex' plus top frontier models, maximum memory, 100GB storage and early access. No launch date is known, and Cerebras hardware may power faster inference.
Huang says Nvidia could grow 70% next yearNvidia CEO Jensen Huang reiterated at a Goldman Sachs conference that the company expects revenue to grow 70% next year, arguing Nvidia delivers massive interconnected GPU systems rather than consumer chips. He said one 36 Grace + 72 Blackwell system is growing 27% month-over-month; analysts expect this fiscal year’s revenue near $400 billion, so 70% growth implies about $680 billion.
The A.I. Daily